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Online Share Trading

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Decillion Dividend

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bothac_1
Contributor
May I ask why a company with a share price of 20c would pay out a dividend of 16c? Once the share goes ex-div will it drop to 4c? Doesn't seem logical to me!
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2 REPLIES 2
kwagga
Super Contributor
Read the last sens announcement in more detail to give some colour to this picture.
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SimonPB
Valued Contributor
there is a 100 for 1 consolidation 2 weeks before div payment. So shares will be around R20 when div is paid.
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